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Jan 22, 2013
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carol roth author of "the entrepreneur equation" and steve saks and michael from janney montgomery smith. good to have you here. let me start with you, scott. what do you think about this move? are we going to get more of this? is this just the beginning, or are we in for pullbacks considering what could be coming to washington the next couple of months? >> i think pullbacks are norm a. let's face it, the last couple of months have been a big party. ben bernanke invited us and i don't think the punch bowl goes away. >> the fed is the key issue right now. does that trump the fundamentals, all the earnings we're getting, you pay more attention to the fed? >> you think we have low growth and quite frankly investors are starved for air. they have been holding their breath for four years. there is no oxygen in any other market. there's no place to go for yield. therefore, essentially i think ben is terroristing it to the point to where they got to jump into risk assets and that's what we're seeing. >> david, does that make you bullish as well? >> david? >> we do have a david as well. david st
carol roth author of "the entrepreneur equation" and steve saks and michael from janney montgomery smith. good to have you here. let me start with you, scott. what do you think about this move? are we going to get more of this? is this just the beginning, or are we in for pullbacks considering what could be coming to washington the next couple of months? >> i think pullbacks are norm a. let's face it, the last couple of months have been a big party. ben bernanke invited us and i...
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Jan 22, 2013
01/13
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so steve may be right. may need more -- you may need a beaten race. >> doc, you have a read on what grasso is talking about on the floor here? >> yeah, but i like the underperformer in the group, norfolk southern nse. that's one pete has been talking about lately. over the last three months. kansas city is up about 16, 17% like grasso said. but this one is pretty flat over the last three months. i like it to play catch-up and top see a little rotation out of one end of the cheaper one. >> all right. let's do the biggest pops and drops in midday trading. our first pop is for western dij. >> 4 1/2 highs, judge. it has already traded full session volume today. people continue to like the storage space. i'm one of those people. i like stx as well as wdc. >> murph? cat dropping today. >> caterpillar did kind of a sneaky move. late friday they announced an acquisition they made in china had some bad accounting. i think this works fine. it's a small deal for them. caterpillar is fine. >> j.b. give me the take on n
so steve may be right. may need more -- you may need a beaten race. >> doc, you have a read on what grasso is talking about on the floor here? >> yeah, but i like the underperformer in the group, norfolk southern nse. that's one pete has been talking about lately. over the last three months. kansas city is up about 16, 17% like grasso said. but this one is pretty flat over the last three months. i like it to play catch-up and top see a little rotation out of one end of the cheaper...
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Jan 22, 2013
01/13
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. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are you about to make a confession? >> it's not really true. today i'm feeling fine. coming up, i'm going to start being more open. >> more open? i know everything about you. >> to viewers. >> our viewers know just about everything, too. >> if i feel like i have to burp, i am going to -- >> you are not a closed book. >> could you be more open than al roker about something? >> probably not. >> probably not. so every little thing happens to me. >> oh, boy, viewers, look out. >> anyway, if you've eve
. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and...
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Jan 22, 2013
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. >> and i am brian flores in for dave clark, let's look at weather with steve. >>> it's still not too bad, we had a long stretch of some good weather, kind of hazy sunshine and higher clouds will not get here until later tonight. maybe some rain tomorrow and today hazy sunshine and 60s, here is sal. >>> good morning, highway 4, traffic here looks slower as you come over the willow pass grade, and also the morning commute is looking good on the san mateo. all that and more minutes ahead, now let's go back to the desk. >>> a manhunt in oakland for two suspects who shot and wounded a police officer. s.w.a.t. teams are on the scene where the shooting happened shortly before 6:30. ktvu channel 2 morning news alex savage is at the scene and tells us what led up to the shooting. >> reporter: these men apparently confronted an undercover police officer and one of them opened fire on that officer. they continue to search for those two other armed men who escaped and as you can see the neighborhood remains closed. the s.w.a.t. team is out here still but we do get the since the search is winding
. >> and i am brian flores in for dave clark, let's look at weather with steve. >>> it's still not too bad, we had a long stretch of some good weather, kind of hazy sunshine and higher clouds will not get here until later tonight. maybe some rain tomorrow and today hazy sunshine and 60s, here is sal. >>> good morning, highway 4, traffic here looks slower as you come over the willow pass grade, and also the morning commute is looking good on the san mateo. all that and...
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Jan 22, 2013
01/13
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dagen: steve, great to speak with you. take care. connell: we brought in chief market strategist from america financial and. the question today is can this continue, david? >> i do not think it will continue at that case. you have the federal reserve doing everything in its power to make sure that this economy stays on track. that is number one. number two is inflation is well behaved. you also have corporations that have deleveraged their balance sheets. and you now have the consumer coming back as well. when you add all of this together, the improvement in the energy sector, foreign economy starting to do a little bit better, i think the stock market do well in the second term. just not as good as the first. connell: what if they mess it up again in washington? we will go into another round of negotiations, maybe we won't, on the debt ceiling. maybe we go over one of them. you have to take that into account. how does that change your odds taking capability as you look at the markets? >> you do have to take it into account. no quest
dagen: steve, great to speak with you. take care. connell: we brought in chief market strategist from america financial and. the question today is can this continue, david? >> i do not think it will continue at that case. you have the federal reserve doing everything in its power to make sure that this economy stays on track. that is number one. number two is inflation is well behaved. you also have corporations that have deleveraged their balance sheets. and you now have the consumer...
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Jan 22, 2013
01/13
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>> steve: very nice! more kids would play stringed instruments if they could do that in school. >> gretchen: as my son would say, that was sick! that was amazing. i love it. >> steve: their new album is available everywhere, right? >> everywhere. >> brian: if everyone buys it, you can get real cellos, because these have no bodies. they need some help. >> gretchen: you are fantastic. >> steve: thank you very much. >> gretchen: coming up, forget everything you heard about the food. why healthy things like asparagus and oatmeal are really devils in disguise. we'll reveal it coming up. you you you you so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fiftee
>> steve: very nice! more kids would play stringed instruments if they could do that in school. >> gretchen: as my son would say, that was sick! that was amazing. i love it. >> steve: their new album is available everywhere, right? >> everywhere. >> brian: if everyone buys it, you can get real cellos, because these have no bodies. they need some help. >> gretchen: you are fantastic. >> steve: thank you very much. >> gretchen: coming up, forget...
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Jan 22, 2013
01/13
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that it's what steve jobs did, a visionary inventor. it's rough to say, cook, you should be like jobs. he's a different person, by all indications. the apple television is what we hear about, still very much in humor phase, that could be the next best hit. >> that's really what apple needs to bring it up is give us something we've never seen before. >> i think so. that's harder now because technology has come so far, there's a lot of great players in the game. it's not as easy as it was to wow the world with something we've never imagined. >> more competition now. >> because they have all learned from apple, give them credit for that. >> brian, thanks so much. remember, you can find more of brian cooley's segments on our website, cbssf.com/mornings. thank you. >>> hundreds of blockbuster stores are about to be closed across the country. here is jason brooks. >> dish said it's going to close 300 more blockbusters this year, a loss of 3,000 jobs. dish closed 500 blockbusters last year, after buying the then bankrupt company for $320 milli
that it's what steve jobs did, a visionary inventor. it's rough to say, cook, you should be like jobs. he's a different person, by all indications. the apple television is what we hear about, still very much in humor phase, that could be the next best hit. >> that's really what apple needs to bring it up is give us something we've never seen before. >> i think so. that's harder now because technology has come so far, there's a lot of great players in the game. it's not as easy as it...
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Jan 22, 2013
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this is despite the price target cut by ubs and steve. he sounded the caution on apple. citing supply checks a long time ago, but didn't take the price target down until today. citing a story by customer intelligence showing customers are buying older iphones with less memory, which could continue to pressure margins. he's cutting 2013 eps 25%. really, reflective of what has gone on on wall street so far in the past couple of weeks, as there's sort of this steady stream of, i don't know, reality recognition. >> i think apple's fine. no one wants to hear it's fine. they want to put every single chip on apple or bet against apple. sometimes stocks are just fine. >> tell you what would have been good to put chips on at the beginning of the year, travelers. up more than 4%. one of the best performing dow components of the year. people never know what to say about it. even the wires can't really give you the color, because it's a difficult one to understand sometimes. >> storms are good. storms raise your premiums. have you tried to look at flood insurance, how much it's gone
this is despite the price target cut by ubs and steve. he sounded the caution on apple. citing supply checks a long time ago, but didn't take the price target down until today. citing a story by customer intelligence showing customers are buying older iphones with less memory, which could continue to pressure margins. he's cutting 2013 eps 25%. really, reflective of what has gone on on wall street so far in the past couple of weeks, as there's sort of this steady stream of, i don't know,...
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Jan 22, 2013
01/13
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>> steve, do you want to take this? >> steve? >> i think it's pretty hard to know at this point what will stand up to the supreme court review and what won't. we just had a ruling from the seventh circuit court of appeals in chicago that the illinois wan on conceal -- ban on concealed/carry is unconstitutional under the supreme court's recent second amendment decisions. a federal court, federal appeals court in new york took exactly the opposite view. if you go back and read the supreme court decisions in heller and mcdonald, the two really important ones, um, it's -- they suggest that a fair amount of, um, latitude for the democratic branches of government to regulate guns, but they also put a definite boundary on how far those can go. so an outright ban on handguns like we had in chicago before, like washington, d.c. had, that goes too far. whether the second amendment right goes as far as to extend the right of self-defense that the supreme court found that you have in the home to when you leave the home is another question sp
>> steve, do you want to take this? >> steve? >> i think it's pretty hard to know at this point what will stand up to the supreme court review and what won't. we just had a ruling from the seventh circuit court of appeals in chicago that the illinois wan on conceal -- ban on concealed/carry is unconstitutional under the supreme court's recent second amendment decisions. a federal court, federal appeals court in new york took exactly the opposite view. if you go back and read...
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that's right america is becoming a good leg what are steve jobs the founder of apple had done fifty years in prison for his blue box shenanigans in which to use an authorized on authorized advice to make free phone calls instead of hanging out with the president or of mark zuckerberg a done thirty years for illegally accessing arbors computer databases to create the first facebook and stead of hanging out with the president one of america began sending its best its brightest its innovators and electoral troublemakers not to the moon or to the nasdaq or to the boardroom but to the good leg not to university or to the white house but to the gulag when it starts doing that you know then that it is in fact a deadbeat nation a gulag nation and a shell of its former self states you never yes max this is referring to aaron swartz the internet activist the man responsible for stopping sopa the young man twenty six he killed himself a little bit over a week ago now i've been thinking about the fact that tyranny has been in the news it's been on c.n.n. the young turks m s n b c everybody's covering
that's right america is becoming a good leg what are steve jobs the founder of apple had done fifty years in prison for his blue box shenanigans in which to use an authorized on authorized advice to make free phone calls instead of hanging out with the president or of mark zuckerberg a done thirty years for illegally accessing arbors computer databases to create the first facebook and stead of hanging out with the president one of america began sending its best its brightest its innovators and...
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report i'm max kaiser america is a frickin good lag that's right america is becoming a good leg what are steve jobs the founder of apple had done fifty years in prison for his blue box shenanigans in which you use an authorized on authorized advice to make free phone calls instead of hanging out with the president or of mark zuckerberg had done thirty years for illegally accessing harvard's computer databases to.
report i'm max kaiser america is a frickin good lag that's right america is becoming a good leg what are steve jobs the founder of apple had done fifty years in prison for his blue box shenanigans in which you use an authorized on authorized advice to make free phone calls instead of hanging out with the president or of mark zuckerberg had done thirty years for illegally accessing harvard's computer databases to.
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Jan 22, 2013
01/13
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sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing those maps. here we in to talk about his bill and what he expects during president obama's second term, is congressman steve cohen. welcome to "the war room"." >> thank you good to be with you. >> michael: do you think they would or could pass this bill. >> whether they would is doubtful but it's an important bill because we have gridlock and the reason for that is too many districts are concerned about the primary and the far right and far left and they don't have to work with the whole community or the center, because of the partisan redistricting which we have in most states are drawn up just to suit their people or make them overwhelmingly ohio. ohio went for the president. ohio went to sherrod brown but yet 12 of the 16 districts drawn up by the ohio legislature were republican. that's not right. it does not reflect the will of the people. it reflects the lines they've drawn. it makes it that those the r
sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing those maps. here we in to talk about his bill and what he expects during president obama's second term, is congressman steve cohen. welcome to "the war room"." >> thank you good to be with you. >> michael: do you think they would or could pass this bill. >> whether they would is...
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well later today max geyser and steve herbert expose more bankers to come out of dodgy deals looking squeaky clean. pretty carmen ortiz says stealing is stealing whether you use a computer command or a crowbar think this is how the administration her department of justice behaves towards jeremy hammond towards wiki leaks towards barrett brown towards environmentalists towards other activists however they have never let go the financial criminals they're not obeying the rule of law or even the rule of the constitution or even the spirit of the constitution they're just acting out as sociopaths and psychopaths and there are any time they get caught they rewrite the law they rewrite the rules. while get out of syria a couple minutes with a fresh edition of spotlight don't miss that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur was a big picture. what mystery is hidden deep the nice. visit to the north w
well later today max geyser and steve herbert expose more bankers to come out of dodgy deals looking squeaky clean. pretty carmen ortiz says stealing is stealing whether you use a computer command or a crowbar think this is how the administration her department of justice behaves towards jeremy hammond towards wiki leaks towards barrett brown towards environmentalists towards other activists however they have never let go the financial criminals they're not obeying the rule of law or even the...
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Jan 22, 2013
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steve jobs under pixar. the avengers and now santa george luke is fatal "star wars" franchise. and look at robert iger's full seven-year reign. shareholder returns up almost 140% and his tenure at the top compared to 36% return for the s&p. ashley: i don't care if somebody makes the big bucks, they have to deliver and clearly he is delivering. i will increase stock price to 140% over the next seven years, whatever it is. dennis: 24% of his package is in stock. now we're getting upset when their paid loons with a rising stock. probably the best collection of single brand entertainment assets in the world. ashley: thank you so much. tracy: we will give up our paychecks to make our children happy, and he knows it. a quarter until, time for stocks as wit we do every 15 minutes, nicole petallides on the floor of the new york stock exchange. looking at some movers. nicole: i am indeed. research in motion up about 11% moving to new multi-year highs. the ceo talk about the fact they're exploring a couple of things could be open, the operating system, that could be one. a couple of othe
steve jobs under pixar. the avengers and now santa george luke is fatal "star wars" franchise. and look at robert iger's full seven-year reign. shareholder returns up almost 140% and his tenure at the top compared to 36% return for the s&p. ashley: i don't care if somebody makes the big bucks, they have to deliver and clearly he is delivering. i will increase stock price to 140% over the next seven years, whatever it is. dennis: 24% of his package is in stock. now we're getting...
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Jan 22, 2013
01/13
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thank you, steve. teaching my students, under studies at georgetown university, but before i continue with this process, i just wanted to also thank the members of the presidential inaugural committee who provided us with tickets. i hope you got tickets if you didn't see them, and their amazing work and, really, putting together a very exciting weekend here in our nation's capitol. i want to thank them for the day of service that not only took place here in washington, d.c., but across the united states of america. millions of people signed up, volunteered, and made a difference. dr. martin luther king, jr. would have been proud we used his birthday weekend not just to party and celebrate, but to remember what he called us often to do, and that, ladies and gentlemen, is to serve and to answer the call, and, yet, i want to thank the dnc staff and others who worked throughout the christmas and throughout the holidays to ensure we also had a good time as well. so my only thing, i was working yesterday. yo
thank you, steve. teaching my students, under studies at georgetown university, but before i continue with this process, i just wanted to also thank the members of the presidential inaugural committee who provided us with tickets. i hope you got tickets if you didn't see them, and their amazing work and, really, putting together a very exciting weekend here in our nation's capitol. i want to thank them for the day of service that not only took place here in washington, d.c., but across the...
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Jan 22, 2013
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this one from steve king. they say outspoken republican from iowa among the first congressional lawmakers to weigh in on the inauguration. he issued a statement more than three hours before president obama ceremonially took the oath of office for his second term. senator jeff sessions, an alabama republican, refused to criticize the i dress. host: to douglas, nashville, tennessee, democratic caller. caller: good morning. host: what are your throughouts on the inaugural address? caller: i thought it was wonderful. i thought the speech was very insightful and i believe that he talked about we the people and together we can do the things he set out to do. host: he talked about social security, climate change, equal rights for gay couples and women. is that your priority list? caller: i'm not sure it's in that order but the president has a hard job and congress has yet to work together with him and i believe that we have good republicans and over 50% of the country agreed with the position of the president and i b
this one from steve king. they say outspoken republican from iowa among the first congressional lawmakers to weigh in on the inauguration. he issued a statement more than three hours before president obama ceremonially took the oath of office for his second term. senator jeff sessions, an alabama republican, refused to criticize the i dress. host: to douglas, nashville, tennessee, democratic caller. caller: good morning. host: what are your throughouts on the inaugural address? caller: i...
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Jan 22, 2013
01/13
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my brother steve, the inventor, innately grasps this challenge. so must we. the speaker pro tempore: the gentlewoman's time has expired. for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. >> mr. speaker, i also rise to recognize the 40th anniversary of the supreme court roe v. wade decision this landmark decision granted american women the right to make their own personal health decisions. in consultation with her family and her faith and without government intrusion. mrs. capps: however, this right has been under steady attack in recent years with a clore goal, to make it so difficult to obtain a safe and legal abortion that it's become de facto illegal. but i'm among those who remember what what it was like when women were pushed into the shadows to get care and we cannot go back to that dangerous time. the truth is, none of us can walk in the shoes of each woman, facing an unwanted pregnancy. so let's use thi
my brother steve, the inventor, innately grasps this challenge. so must we. the speaker pro tempore: the gentlewoman's time has expired. for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. >> mr. speaker, i also rise to recognize the 40th anniversary of the supreme court roe v. wade decision this landmark decision granted american women...